20 VC FF 022: Crowdfunding Is Here To Stay with Ayan Mitra, Founder & CEO @ Crowdbnk

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 20 November 2015

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ayan Mitra is the Founder & CEO @ Crowdbnk, an investment crowdfunding platform that allows you to invest in high growth businesses through both equity and debt. Ayan himself has a background as an enterprise architect and technical manager, having worked with leading consumer companies including M&S, Orange and First Direct. He took his LBS MBA to follow his passion and launch CrowdBnk in 2011. Since 2011 Crowdbnk has raised nearly £20m for high growth startups.

In Today's Episode You Will Learn:

1.) How did Ayan make his way into the world of startups and tech and start Crowdbnk?

2.) What is Crowdbnk, how does it work, what companies Crowdbnk raise for, what is their minimum investment etc?

3.) What are the key drivers of the massive rise of the crowdfunding sector? What effect will the recent SEC ruling have on global crowdfunding?

4.) With the greater and greater amounts being raised on these platforms, does Crowdfunding have the potential to replace VCs in the future?

5.) What are the greatest barriers to mass market adoption of the crowdfunding model? What have been the biggest challenges faced in the journey with Crowdbnk?

6.) How do crowdfunding platforms plan to draw investors away from funds and other portfolio based assets given the level of risk associated with investing in young companies?

Items Mentioned In Today's Show:

Ayan's Fave Book: Intelligent Investing by Benjamin Graham

Ayan's Fave Crowdbnk Investment: Gojimo by George Burgess

As always you can follow Harry, The Twenty Minute VC and Crowdbnk on Twitter here!

If you would like to see a more colourful side to Harry with many a mojito session you can follow him on Instagram here!

Transcript

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0:00.0	This is the 20 minute VC. I am your host, Harry Stebbings, and today, following on from our
0:04.9	fantastic episodes with the Kings of Seed funding, David Frankel and Eric Paley at Founder Collective,
0:10.9	we remain in the early stage funding environment. Except today, we move into one of the most
0:16.1	revolutionary and exciting spaces in alternative finance. It is, of course, crowdfunding. And joining us today is
0:23.0	Iron Mitra, the founder and CEO of CrowdBank, an investment crowdfunding platform that allows you to
0:29.4	invest in high growth businesses through both equity and debt. And with regards to Iron himself,
0:35.8	he has a background as an enterprise architect and a technical
0:38.9	manager and has worked with leading consumer companies, including M&S, Orange, and First Direct.
0:45.7	And having taken his London Business School MBA, he decided to follow his passion and launch
0:51.0	Crowdbank in 2011. But first, I would love to tell you about my favourite new
0:56.4	app, Point, which not only allows me to send and discuss links simply and quickly, but my favourite
1:02.7	is often I only need my friend to read part of the link, in which case I can easily highlight
1:07.9	the element they need to read, so they can see what I've quoted in a seriously beautiful UI
1:13.0	and I really can't live without it.
1:15.4	So join me in the conversation on point
1:17.3	and head to getpoint.com to download the app and plug-in.
1:21.9	However, it is now time for today's show
1:23.9	so I'm delighted to welcome.
1:25.7	I am Mitra, founder and CEO at CrowdBank.
1:33.8	You have now arrived at your destination.
1:38.6	IAN welcome to the 20 minute VC in this very special episode of Founders Friday. Thank you so much for
1:43.8	joining us today. Thank you so much for joining us today.
	...

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